IMF
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Regime Change at the IMF: The Frame-Up of Dominique Strauss-Kahn? By Prof. Michel Chossudovsky
The arrest of IMF Managing Director Dominique Strauss-Kahn has all the appearances of a frame-up ordered by powerful members of the financial establishment, in liaison with France’s Nicolas Sarkozy, whose presidency has served the interests of the US at the expense of those of France and the European Union. While there is for the moment… Continue reading
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Dominique Strauss-Kahn Was Trying to Torpedo the Dollar By Mike Whitney
Whoever wants to nail IMF chief Dominique Strauss-Kahn has really pulled out all the stops. Their agents have been rummaging through diaries, hotel registries, phone records, yearbooks, yada, yada, yada. The UK Telegraph even paid a visit to a high-priced DC knocking shop to get a little dirt from Madame Botox; whatever it takes to… Continue reading
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Will Martelly Really “Change the System” ?
Upon returning from his three day trip to the U.S. last week, President-elect Joseph Michel Martelly summarized the different meetings he had during a press conference last Tuesday, Apr. 26. Continue reading
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Keynes, Crisis and Monopoly Capitalism
Robert Skidelsky and Paul Jay discuss Keynes, the IMF, concentration of ownership, political power and rebellion Continue reading
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Why Iceland Voted ‘No” to the Diktats of the Creditor Banks
About 75% of Iceland’s voters turned out on Saturday to reject the Social Democratic-Green government’s proposal to pay $5.2 billion to the British and Dutch bank insurance agencies for the Landsbanki-Icesave collapse. Every one of Iceland’s six electoral districts voted in the ‘No’ column – by a national margin of 60% (down from 93% in… Continue reading
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The Economic Crisis in Iceland: “IMF Medicine” is not the Solution By Prof. Michael Hudson
The dream was the neoliberal promise that running to debt was the way to get rich. Nobody at the time anticipated that taking private (and indeed, fraudulent) bank losses onto the public balance sheet would become the theme dividing Europe over the coming year, dividing European politics and even threaten to break up the Eurozone. Continue reading
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Tunisia and the IMF's Diktats: How Macro-Economic Policy Triggers Worldwide Poverty and Unemployment By Michel Chossudovsky
The role of Ben Ali’s government was to enforce the IMF’s deadly economic medicine, which over a period of more than twenty years has served to destabilize the national economy and impoverish the Tunisian population. Continue reading
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Tunisia and the IMF’s Diktats: How Macro-Economic Policy Triggers Worldwide Poverty and Unemployment By Michel Chossudovsky
The role of Ben Ali’s government was to enforce the IMF’s deadly economic medicine, which over a period of more than twenty years has served to destabilize the national economy and impoverish the Tunisian population. Continue reading
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Portugal: The Prospect of a Full Bailout And More Austerity Looms in 2011
A full financial bailout of Portugal involving the European Central Bank (ECB) and the International Monetary Fund (IMF) looks set to happen in the first half of 2011. This will involve severe austerity conditions being imposed on the Portuguese people by the ECB and IMF. Continue reading
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Thousands Protest Irish Nightmare Economy
Leo Panitch: US created financial crisis and European banks turned the Irish Miracle into a nightmare Continue reading
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“The People of Greece Are Fighting for the Whole of Europe”: Tariq Ali and Mark Weisbrot Discuss Greece’s Economic Crisis and Popular Uprising
The European Union and the International Monetary Fund have approved a nearly $1 trillion package to stop Greece’s debt crisis from spilling beyond its borders into the rest of the eurozone. Stocks surged in Europe, Asia and the United States Monday after EU leaders agreed to a $960 billion package to contain Greece’s financial troubles.… Continue reading
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Restructuring the Bretton Woods Twins: Jayati Ghosh Interviewed by Prabir Purkayastha
The problem with the IMF, with the World Bank, with the WTO, with the policies of the United States is that they have reflected the interests of large multinational capital. What we have now with more people at the high table, more countries represented at the high table, is that larger segments of international large… Continue reading
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South Africa: Momentum against climate-destroying World Bank loan grows By Patrick Bond
In an indication that the climate justice movement is broadening, deepening and going local, there is now intense opposition to a climate-destroying energy loan for South Africa. The campaign is led by community activists in black townships allied with environmentalists, trade unionists and international climate activists. Continue reading
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Haiti and the Aid Racket: How NGOs are Profiting Off a Grave Situation By ASHLEY SMITH
So far, the relief effort has only managed to provide 270,000 people with basic shelters like tents. More than 1 million people still have little access to food and water and have to scrape by to find sustenance. Even worse, because the relief operation is so inefficient, Haitians report that some of the food spends… Continue reading
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The Destabilization of Haiti: Anatomy of a Military Coup d’Etat By Michel Chossudovsky
This article largely focusses on the history of the 2004 US led coup d’Etat, including its preparations. It also outlines the process of economic destabilization under the helm of the IMF and the World Bank which played a key role in the events leading up to the military coup. Continue reading
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Haiti's suffering is a result of calculated impoverishment By Seumas Milne
Most scandalously, US commanders have repeatedly turned away flights bringing medical equipment and emergency supplies from organisations such as the World Food Programme and Médecins Sans Frontières, in order to give priority to landing troops. Despite the remarkable patience and solidarity on the streets and the relatively small scale of looting, the aim is said… Continue reading
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"The Real Looting in Haiti" BY NICOLE LEE
‘The real looting in Haiti is not the people trying to get food to survive. The real looting of Haiti is the economic policies of the U.S. and France, as well as institutions such as the IMF and World Bank, in addition to the disaster capitalism that is fast setting in. Continue reading